Jugopetrol AD

Jugopetrol AD Podgorica (MNSE: JGPK) is the largest petroleum company in Montenegro.

Jugopetrol A.D.
TypeJoint stock company
MNSE: JGPK
IndustryPetroleum
Founded1947
HeadquartersPodgorica, Montenegro
Number of locations
46 Gas stations
Key people
Antonios Semelides (CEO)
ProductsOil, Gas, Petroleum products
RevenueEUR 115.4 million (2017)
EUR7.20 million (2017)
Total assetsEUR101.79 million (2017)
Number of employees
200 (2012)
Websitewww.jugopetrol.co.me

History

The company was established in Kotor on 12 April 1947 at the early beginnings of oil operations in Yugoslavia. The company started its first oil exploration in 1970. The company has a total of 43 petrol stations in all major Montenegro cities Budva, Tivat, Kotor, Bar and Podgorica.

Since 2002 Jugopetrol Kotor is owned by Greek company Hellenic Petroleum.[1] Ultimately, the buyer was Hellenic Petroleum, which in 2004 moved the company's headquarters from Kotor to Podgorica and changed its name from Jugopetrol A.D. Kotor on Jugopetrol A.D.[2]

See also

References

  1. JUGOPETROL AD , mfic.me
  2. "JUGOPETROL AD". Hellenic Petroleum. Retrieved 2021-04-04.
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